For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

3012 N Laramie Ave Chicago, IL 60641

For Sale
$775,000

Mixed-use property featuring retail spaces and residential units in Chicago.

Property Features for 3012 N Laramie Ave

General Information

Standard status
Active

Building Details

Year built
1930

Source: SPERRY VAN NESS Agent ANGELO LABRIOLA

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Mixed-Use Building with Retail and Apartments

This mixed-use building comprises a total of 5 units, featuring two retail spaces on the ground floor and 3 residential units on the upper levels. The retail units, currently occupied by a single bakery tenant since 1986, can be separated. Zoned B1-1, the retail spaces include black iron, a partial basement, and ample storage, benefiting from high foot traffic suitable for retail businesses. The property also features 3 residential units above the retail space, each containing 2 bedrooms and 1 bathroom. At the rear of the property, there are 3 parking spaces, including 1 garage spot and two pad parking spaces. All leases are month-to-month and below market rate, presenting a value-add opportunity for investors or owner-users to enhance their portfolio with a cash-flowing property.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Laramie Bakery & Deli Deli El Porvenir Bakery ... Bakery Panaderia Pan-Chito Bakery

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.7569319
Latitude
41.9355449

FAQs

What type of property is this?
Mixed-use property - Mixed-use property featuring retail spaces and residential units in Chicago.
Where is this mixed-use property located?
The property is located at 3012 N Laramie Ave Chicago, IL.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: - Mixed-use building offers diverse income streams with 2 retail spaces and 3 residential units.; - Value-add opportunity with month-to-month leases currently below market rate.; - High foot traffic in a B1-1 zoned area, ideal for retail businesses.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message